NOT LISTED FOR SALE

2740 22nd Ave Forest Grove, OR 97116

Estimated Value: $527,000 - $704,000

5 Beds
3 Baths
2,268 Sq Ft
$265/Sq Ft Est. Value

Last Sold May 29, 2018

Last sale price $427,000 $188 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,688/month

12 Days on Market

Highlights

  • Corner Lot
  • Washer and Dryer
  • 1-Story Property
  • Garage

About This Home

As of May 2018

Well maintained single-level triplex in convenient Forest Grove location. Excellent opportunity for an investor or owner occupant. Two of the units have an attached garage and third unit has a private parking pad. Each unit has it's own patio area in the back. Newer roof. Same owners for years, pride of ownership shows!

Last Listed By

Josh Devine

John L Scott Portland SW License #201206075 Listed on: 04/10/2018

John L Scott Portland SW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,340

Year Built

  • Built in 1967

Lot Details

  • 9,583

Parking

  • Garage

Home Design

  • Cedar

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range
  • Washer and Dryer

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 3 Units
  • Property managed by #2742 is Vacant

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,340

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2268
  • Stories: 1
  • Year Built: 1967
  • Remarks Public: Well maintained single-level triplex in convenient Forest Grove location. Excellent opportunity for an investor or owner occupant. Two of the units have an attached garage and third unit has a private parking pad. Each unit has it's own patio area in the back. Newer roof. Same owners for years, pride of ownership shows!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MAYWOOD PARK NO.2, BLOCK 5, LOT 9
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Management Name: #2742 is Vacant
  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup, Washer/Dryer, Window Coverings

Lot Info

  • Lot Description: Corner Lot
  • Zoning: RMH

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3301.08
  • Assessor Parcel Number: R0748132

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 23.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 25, 2018
Sold by
Chastain John E and Chastain Evelyn M
Bought by
Bruce Nigel and Irvan Laura I
Seller's Agent
Josh Devine
John L Scott Portland SW
Buyer's Agent
Darcie VanderZanden
Keller Williams Sunset Corridor
List Price
$399,000
Sold Price
$427,000
Premium/Discount to List
$28,000
7.02%
Total Days on Market
12
Current Estimated Value
$599,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,997
Avg. Annual Appreciation
5.08%
Original Mortgage
$320,250
Outstanding Balance
$279,256
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$324,259

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bruce Nigel $427,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruce Nigel $320,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Sold $427,000 +7.0% $188 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $399,000 -- $176 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,340 $236,620 -- --
2024 $4,187 $229,730 -- --
2023 $4,187 $223,040 $0 $0
2022 $3,661 $223,040 $0 $0
2021 $3,614 $210,250 $0 $0
2020 $3,594 $204,130 $0 $0
2019 $3,514 $198,190 $0 $0
2018 $3,406 $192,420 $0 $0
2017 $3,301 $186,820 $0 $0
2016 $3,208 $181,380 $0 $0
2015 $3,085 $176,100 $0 $0
2014 $3,070 $170,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Devine

    Seller's Agent in 2018

    Josh Devine

    John L Scott Portland SW

    (503) 868-9768

    39 Total Sales

    Josh Devine
    Section Image
  • Darcie VanderZanden

    Buyer's Agent in 2018

    Darcie VanderZanden

    Keller Williams Sunset Corridor

    (503) 504-2720

    327 Total Sales

    Darcie VanderZanden
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18411620

Regional Multiple Listing Service (RMLS)

APN: R0748132

Oregon Washington County Forest Grove 97116

2740 22nd Ave, Forest Grove, OR

Homes for Sale in Forest Grove, OR

This home is located at 2740 22nd Ave, Forest Grove, OR 97116 since 10 April 2018 and is currently estimated at $599,997, approximately $264 per square foot. This property was built in 1967. 2740 22nd Ave is a home located in Washington County with nearby schools including Fern Hill Elementary School, Neil Armstrong Middle School, and Tom McCall Upper Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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